This magical Lake Austin waterfront property is ready for new development.Architectural Renderings by Alter Studio (design not included in price) While planning and designing your new home, enjoy the updated and charming 3 bedroom/3.5 bathroom home sited dramatically above the water on a .76-acre parcel, w/100 feet of shoreline & lush hillside views of Mount Bonnell and Covert Park. You’ll find a reason to spend as much time as possible on the veranda gazing out at the vista. Tucked in a secluded enclave off Westlake Drive, you’ll feel miles from the bustle of the city in your woodland nest. This Lake Austin waterfront home is a remarkable property outfitted for memorable family activities and remarkable entertaining.This remarkable property offers both spectacular elevated vistas & an exceptional waterside living space that will draw you to the shoreline. A native-stone staircase wends its way down the hillside. Stop halfway down at a cozy firepit nook and enjoy the sound of crackling logs while looking out over the water below. A few more steps and you’ll be at your own private lakeside resort. Outfitted for memorable family evenings & remarkable entertaining, the compound offers a fully outfitted, covered kitchen where you can cook or cater a meal to be enjoyed on the large deck above. A nearby stone patio offers more space to relax &lounge. A stone boathouse offers shelter to a boat plus 2 jet skis, keeping them easily accessible for a spin around the lake after dinner. The charming home is designed to take advantage of the stunning views w/large windows opening to outdoor living spaces on both the upper & lower levels.Recent upgrades are in evidence throughout including elegant, white oak wood floors plus quartz & stainless in the modern kitchen. Whether used as a cozy getaway or as the starting point for a dream home, this property is a one-of-a-kind opportunity.